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A Felony 5 in the State of Ohio carries a maximum prison sentence of 6-12 months on each count, with a maximum fine of $2500. There is usually a presumption against prison time.
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The maximum punishment for a 4th degree misdemeanor in Ohio is 30 days in jail and a $250 fine. Unless the crime is particularly disturbing or the individual involved is a habitual offender, very few people see maximum punishments for misdemeanors.
"Felony" refers to any crime that's viewed as particularly serious, as opposed to a "misdemeanor," which refers to crimes which are comparatively minor.
Because the term "felony" can encompass a wide range of crimes, from theft of valuable property, all the way up to the most serious crimes - such as rape, murder, and treason, the punishment is going to vary widely, depending on the particular crime.
A felony could be punished by a relatively short prison sentence (say, 1 year), combined with fines, or it could be punished by much longer prison terms, life imprisonment, and, in most states (including Ohio), the death penalty. This all depends on the nature of the crime.
For example, murder, which is a felony, could be punished by many decades in prison, life in prison, or the death penalty.
More "minor" felonies, such as burglary or drug trafficking will be punished by prison sentences of intermediate length.
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